Daily Market Updates: Gold sticks to intraday losses below $4,050 as USD retains bullish bias ahead of FOMC

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Gold sticks to intraday losses below $4,050 as USD retains bullish bias ahead of FOMC

Reported · Written up by our desk · Major Pairs

Gold (XAU/USD) remains offered below $4,050 during Wednesday's early European session, snapping a two-day winning streak ahead of the key central bank event. The US Federal Reserve (Fed) is scheduled to announce its policy decision later today and is widely expected to keep rates unchanged.

Latest closeGold $4,079.60 ▲1.0%

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FXStreetGold sticks to intraday losses below $4,050 as USD retains bullish bias ahead of FOMC

Forex

Gold sticks to intraday losses below $4,050 as USD retains bullish bias ahead of FOMC

More like this

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